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The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10003769782
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...
Persistent link: https://www.econbiz.de/10012290621
Using provisions to ease the movement of business visitors in trade agreements, we show that removing barriers to the movement of business people promotes trade. We document the increasing complexity of Free Trade Agreements and develop an algorithm that combines machine learning and text...
Persistent link: https://www.econbiz.de/10014486333
dynamic viewpoint by examining the impact of trade with Japan, North America and the EU on technology diffusion and TFP in … regional: Korea (Mexico) (Poland) benefits mainly from trade with Japan (North America) (the EU); and ii) the dynamic version … dynamic viewpoint by examining the impact of trade with Japan, North America and the EU on technology diffusion and TFP in …
Persistent link: https://www.econbiz.de/10002482588
consequences of the slave trade on the "receiving" countries in the Americas. Here I distinguish between the case of Latin America …
Persistent link: https://www.econbiz.de/10011283184
The effect of job loss on health may play an important role in the development of the SES-health gradient. In this paper, we estimate the effect of job loss on objective measures of physiological dysregulation using longitudinal data from the Health and Retirement Study and biomarker measures...
Persistent link: https://www.econbiz.de/10010423793
This study examines the effect of NAFTA, an instance of North-South trade liberalization, on returns to skill in Mexico. Mexico is abundant in low-skill workers relative to the US and Canada, and so, by the Hecksher-Ohlin-Samuelson trade model, NAFTA ought to have raised the relative earnings of...
Persistent link: https://www.econbiz.de/10003771056
Even if free trade creates net welfare gains for a country as a whole, the associated distributional implications can undermine the political viability of free trade. We show that trade-related redistribution increases the political viability of free trade in the US. We do so by assessing the...
Persistent link: https://www.econbiz.de/10010339571
Persistent link: https://www.econbiz.de/10001926831
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10003755333